Simplaex
Latest round
- Series B
Last raised
- May 2021
Total raised
- $3.7M
Investors
- 3
About Simplaex
Founded in 2015 in Berlin, Germany, Simplaex GmbH operates in the cryptocurrency gambling sector, focusing on online gaming platforms.55 mn.Simplaex GmbH offers a variety of cryptocurrency gambling platforms including BitStarz, FortuneJack, Stake, mBit Casino, CryptoWild, Mystake Casino, and Jackbit Casino. These platforms provide diverse gaming options like slots, table games, live dealer games, and sports betting, all optimized for transactions in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.The company generates revenue through transactional fees tied to deposits, withdrawals, and gaming activities on its platforms. Players engage in cryptocurrency transactions, enabling instant payment processing that enhances user experience. Revenue streams include direct-to-consumer interactions and potential promotional partnerships with game developers and payment processors.Looking ahead, Simplaex GmbH plans to develop and launch new products aimed at expanding its market presence. Key strategies include targeting new geographic regions for expansion, although specific markets have not been disclosed.
Who invested in Simplaex
3 investors across 7 rounds
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Funding rounds
Series B
May 10, 2021
Amount
Undisclosed
Investors
Series A
Mar 16, 2017
Amount
$2.6M
Investors
Series A
May 5, 2015
Amount
$1.1M
Investors
Series A
Jul 14, 2014
Amount
Undisclosed
Investors
Series A
Oct 16, 2013
Amount
Undisclosed
Investors
Series A
Mar 6, 2012
Amount
Undisclosed
Investors
Series A
Jul 20, 2010
Amount
Undisclosed
Investors
Questions about Simplaex
Who invested in Simplaex?
Simplaex has 3 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Simplaex raised?
Simplaex has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Simplaex last raise money?
Simplaex's most recent round on record is a Series B, in May 2021.
What does Simplaex do?
Founded in 2015 in Berlin, Germany, Simplaex GmbH operates in the cryptocurrency gambling sector, focusing on online gaming platforms.
Where is Simplaex headquartered?
Simplaex is headquartered in Berlin, Germany.
Which VCs invest in companies like Simplaex?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Simplaex's stage. Their profiles are linked below.
VCs backing software startups at Series B
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